Daily Market Analysis

In-depth technical & fundamental analysis for currencies & commodities

AUD/USD is catching a butterfly
AUD/USD is catching a butterfly

AUD/USD is fighting for an important level of 0.7320. It corresponds to the lower border of the previous consolidation range at 0.7320-0.7470.

NZD/USD is counting on AB=CD
NZD/USD is counting on AB=CD

NZD/USD failed at the first test of the lower border of the 0.6710-0.685 consolidating range and the upper border of the downtrend channel.

EUR/USD: 'V-Top' led to decline
EUR/USD: 'V-Top' led to decline

The market is likely going to test the next support at 1.1529 - 1.1508. A pullback from this area could lead to another bullish price movement...

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